Search Results for: laundering

The High Court of the Republic of Maldives, the country’s second-highest court, overturned on Thursday former President Abdulla Yameen’s conviction and cancelled his 11-year prison sentence.  In an oral decision, the court found that the 2022 Criminal Court trial, which found Yameen guilty of money laundering and bribery charges, was unfair and had procedural irregularities. [...]

A special investigation conducted by the Office of The Inspectorate (OOTI) in New Zealand revealed in a report published on Wednesday that prisoners at the Auckland Prison were denied their minimum entitlements required under the Corrections Act 2004 for a prolonged period of time. The report found that prisoners were denied entitlements such as minimum [...]

Former Malaysian Prime Minister Najib Razak filed a judicial review application to the Kuala Lumpur High Court on Wednesday seeking an addendum order from former King Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah, according to reports from local media. The order would allow Najib to serve his six-year sentence under house arrest. Najib claimed in his [...]

South African authorities arrested National Assembly Speaker Nosiviwe Mapisa-Nqakula on Thursday based on multiple corruption charges. The arrest comes the day after Mapise-Nqakula resigned from her position in the country’s Parliament amid an ongoing investigation into alleged corruption and misconduct during her tenure as South Africa’s defense minister.  Following her resignation Wednesday night, Mapisa-Nqakula surrendered [...]

Igran Gambaryan, the Head of Financial Crime Compliance at cryptocurrency exchange company Binance, along with Nadeem Anjarwalla, Binance’s Regional Manager for Africa, initiated legal proceedings on Thursday against Nigeria’s Office of the National Security Adviser (ONSA) and the Economic Financial Crimes Commission (EFCC). These developments are a result of the Nigerian federal government’s investigations into [...]

US federal prosecutors filed a complaint in a New York federal district court Wednesday seeking the forfeiture of two multimillion-dollar Manhattan apartments purchased by former Mongolian Prime Minister Sukhbaatar Batbold in connection to an alleged money laundering and corruption investigation. The investigation centers around contracts the Erdenet Mining Corporation, a state owned mining company, entered [...]

A Russian state financial watchdog labelled the “LGBT public movement” as a terrorist organization on Friday, as reported by Russian state media outlet TASS. This development comes three months after the Supreme Court of Russia ordered the LGBT+ movement to be declared as extremist. The Federal Service for Monitoring (Rosfinmonitoring) added the LGBT+ movement to [...]

Human Rights Watch (HRW) in a statement issued Thursday called on Seychelles to hold fair and open legal processes against former presidential advisor Mukesh Valabhji and other defendants accused of embezzlement and money laundering in addition to unlawful firearm possession and conspiracy to commit terrorism in November 2021. Valabhji and his wife were both implicated [...]

Delhi Chief Minister of the Aam Aadmi Party (AAP), Arvind Kejriwal, was arrested on Thursday by the Enforcement Directorate (ED) following a raid at his residence in connection with the alleged Delhi liquor policy scam. Earlier in the day, the Delhi High Court declined to provide interim relief to Kejriwal in the excise policy-linked money [...]

Brazilian federal prosecutors have filed charges against Jair Renan Bolsonaro, the son of former President Jair Bolsonaro, for crimes including money laundering, misrepresentation and the presentation of fraudulent documents, Brazilian newspaper O Globo reported Wednesday.  Jair Renan, whose father served as the 38th president of Brazil from 2019-2022, was charged alongside his business partner, Maciel [...]